Reed Smith has advised Phoebe Energy on securing non-recourse financing of EUR 341.4 million from Eurobank and Piraeus Bank for a 550-megawatt photovoltaic project in Ptolemaida, Western Macedonia, Greece.

Nyerges & Partners has advised R.Power Renewables on participating in Romania’s first Contracts for Difference auction, securing CfD contracts for five photovoltaic projects with a combined capacity of 85 megawatts.

CMS has advised K&H Bank on the refinancing of the solar portfolio consisting of Obton Group PV plants situated on 15 different locations across Hungary, with a total installed DC capacity of 71.107 megawatts. Forgo, Damjanovic & Partners reportedly advised Obton Group.

BPV Braun Partners and Domanski Zakrzewski Palinka, working with Watson Farley & Williams, have advised Creditas Group on its acquisition of Duon from Infracapital with financing from Komercni Banka. Dentons advised Duon. White & Case reportedly advised Komercni Banka.

The National Assembly of the Republic of Serbia in its session held on 27 November 2024 adopted a new Strategy on Energy Development until 2040 with the Projection until 2050 („Strategy“).

CMS has advised Toshiba International on a repair and rehabilitation agreement with the Bulgarian state-owned National Electricity Company for the pumping storage hydro power plant Chaira Unit 1.